Is Everest Group Ltd. overvalued or undervalued?

As of 14 November 2025, the valuation grade for Everest Group Ltd. has moved from expensive to fair. The company appears to be fairly valued based on its current metrics, with a P/E ratio of 30, a Price to Book Value of 1.82, and an EV to Sales ratio of 1.36. In comparison, RenaissanceRe Holdings Ltd. has a P/E of 6.29, indicating that Everest Group is trading at a premium relative to this peer, while Selective Insurance Group, Inc. shows a more attractive valuation with a P/E of 21.83.
Despite the recent grade change, Everest Group has underperformed against the S&P 500 over the last year, with a return of -10.99% compared to the index's 13.19%. This trend continues in the shorter term, with a YTD return of -10.00% against the S&P 500's 14.49%. Overall, while the valuation has improved, the company's performance relative to the broader market suggests caution for potential investors.